Patrick Nackley, Director of Marketing and Business Development at Superior Home Services sat down with MReport to explain how the new HUD advisement will affect servicers' businesses and what they can do to adjust and comply with the changes.
Read More »Top 10 States With Most Untapped Refinance Potential
For years, interest rates have been settled at historic lows, which have opened up opportunities for homeowners to refinance their home. The problem is homeowners are not taking advantage of these untouched savings.
Read More »First Mortgage Debt on the Rise, but HELOC Balances Subside
New debt created by first-time homebuyers transitioning into homeownership and existing homeowners that are upgrading to larger homes growing a rapid pace, meanwhile, home equity loan balances have cooled off thanks to borrowers paying off debts.
Read More »What the Mortgage Industry Needs to Know About Regulatory Compliance
New regulatory requirements from government entities are completely changing the pace and manner in which the mortgage industry does business. Compliance has become the new focal point for lenders, servicers, and others in this space.
Read More »Greater Opportunities on the Horizon for Single-Family Rental Investors
The greater demand for single-family rental housing has resulted in an increase in the price of rents, which means greater opportunities for investors looking to either enter or expand in the single-family rental market.
Read More »Credit Plus Tests Trended Credit Data to Meet Fannie Mae Requirements
Credit Plus, a provider of insight for mortgage professionals, recently announced that it is currently testing trended credit data within its platform to meet Fannie Mae requirements and expects the availability of trended credit data reports beginning April 1, 2016.
Read More »Top 10 Trendy, Affordable Housing Markets
There is a new type of housing market emerging in the U.S., that fits the cultural, hipster needs of today's young homeowners. See which markets Realtor.com says are perfect for New Age homebuyers.
Read More »Minorities Expected to Close Homeownership Gaps by 2045
Future U.S. households will be more diverse, with Hispanics, Asians, African-Americans, and other minorities set to bolster up homeownership numbers in the coming decades.
Read More »Fed Agencies Issue Property Evaluation Expectations for Banks
The issue that has been at the center of debate among banks for some time is whether or not property evaluations are sufficient substitutions for appraisals when determining the value of a home for real-estate-related financial transactions.
Read More »First Time Homebuyers Face Slow Home Price Appreciation
As home prices increase at a much slower pace than they have been over the last few years, potential homebuyers may have found their opportunity to enter the housing market as homes become more affordable.
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